May 02, 2013
DAMASCUS, (SANA) - Director of Adra Industrial City, Ziad Badour, said that the suitable investment environment of the city has led to increasing its productivity during the current year in comparison with the past two years.
In a statement to SANA, Badour said that 2013 has witnessed an increase in the productivity of the city because of the facilitations granted to industrialists, particularly those whose institutions were affected by the current circumstances.
He stressed that the facilitations granted to industrialists aim to increase investments and establish local industries based on local resources.
Badour went on to say that the new investments "have absorbed unemployment and provided over 48,000 job opportunities."
"The economic embargo imposed on Syria affected investments in the city as it created transportation difficulties and difficulties in bringing raw materials; however, addressing new markets in Latin America such as, Brazil and Argentina, in addition to India, Iran, China, Malaysia and Russia in Asia has eased these difficulties," he said.
Badour explained that some 380 industrial institutions were operating in the city in 2012, whereas 500 institutions are now operating.
There are four industrial cities in Syria, three of which were established by legislative decree No 57 for 2004. These cities are Adra in Damascus countryside province, Hasya in Homs province and al-Sheikh Najjar in Aleppo province.
In 2007, a decree was issued to establish the fourth industrial city in Deir Ezzor province.
© SANA (Syria Arab News Agency) 2013
